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Rackspace Technology, Inc. RXT Private Cloud — Operating Income (Loss)

Other segment segments

Public Cloud
$19M+17.3%

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Other financials

Income statement

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Revenue$670.1M+0.6%
Gross profit$114.8M-11.1%
Operating income-$33.2M-32.3%
Net income-$67.5M-23.9%
EPS (diluted)-$0.27-17.4%

Balance sheet

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Cash & equivalents$113.3M+7.2%
Total debt$3.3B-0.5%
Total equity-$1.3B-14.5%
Total assets$2.7B-5.2%

Cash flow

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Operating cash flow-$31.5M-475%
CapEx$16.8M-19.2%
Free cash flow-$48.3M-290%

Valuation

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Market cap$1.24B+333%
Enterprise value$4.39B+27.0%
P/S0.5×+0.4×

Profitability

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Gross margin17.9%-1.6pp
Operating margin-3.3%-1.3pp
Net margin-5.9%-2.1pp
FCF margin1.5%

Returns & leverage

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Return on equity-205.2%-222pp
Debt / equity117.7×+115×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Rackspace Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Rackspace Technology, Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001810019-26-000093
(In millions)Three Months Ended June 30, 2025Three Months Ended June 30, 2026Six Months Ended June 30, 2025Six Months Ended June 30, 2026
Revenue$249.7$263.3$499.5$498.0
Cost of revenue(157.7)(178.3)(314.9)(328.5)
Other segment items (3)(30.5)(27.5)(62.1)(54.1)
Segment operating profit$61.5$57.5$122.5$115.4
Total Consolidated
Revenue$666.3$670.1$1,331.7$1,348.2
Segment operating profit$77.7$76.5$156.0$155.1
Corporate functions(50.4)(49.1)(103.1)(97.0)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s private cloud — operating income (loss)?
Rackspace Technology, Inc. (RXT) reported private cloud — operating income (loss) of $57.5M in Q2 2026.
How has Rackspace Technology, Inc.'s private cloud — operating income (loss) changed year-over-year?
Rackspace Technology, Inc.'s private cloud — operating income (loss) decreased by 6.5% year-over-year, from $61.5M to $57.5M.
What is the long-term trend for Rackspace Technology, Inc.'s private cloud — operating income (loss)?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s private cloud — operating income (loss) has grown at a -19.6% compound annual growth rate (CAGR), from $604.3M to $252.4M.
What does private cloud — operating income (loss) mean?
The profit or loss generated by the Private Cloud segment after deducting operating expenses and cost of revenue from total segment revenue. It serves as a key measure of the segment's core operational profitability and its contribution to the overall company's bottom line.

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